Donegal Group A Stock Market Value
| DGICA Stock | USD 16.59 0.03 0.18% |
| Symbol | Donegal |
Donegal Group A Price To Book Ratio
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Donegal Group. If investors know Donegal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Donegal Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.057 | Dividend Share 0.688 | Earnings Share 1.53 | Revenue Per Share | Quarterly Revenue Growth 0.044 |
The market value of Donegal Group A is measured differently than its book value, which is the value of Donegal that is recorded on the company's balance sheet. Investors also form their own opinion of Donegal Group's value that differs from its market value or its book value, called intrinsic value, which is Donegal Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Donegal Group's market value can be influenced by many factors that don't directly affect Donegal Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Donegal Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Donegal Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Donegal Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Donegal Group 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Donegal Group's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Donegal Group.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Donegal Group on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Donegal Group A or generate 0.0% return on investment in Donegal Group over 30 days. Donegal Group is related to or competes with NI Holdings, Horace Mann, Global Indemnity, Selective Insurance, Donegal Group, United Fire, and Selective Insurance. Donegal Group Inc., an insurance holding company, provides personal and commercial lines of property and casualty insura... More
Donegal Group Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Donegal Group's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Donegal Group A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.0782 | |||
| Maximum Drawdown | 4.77 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 2.06 |
Donegal Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Donegal Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Donegal Group's standard deviation. In reality, there are many statistical measures that can use Donegal Group historical prices to predict the future Donegal Group's volatility.| Risk Adjusted Performance | 0.0704 | |||
| Jensen Alpha | 0.1018 | |||
| Total Risk Alpha | 0.0951 | |||
| Sortino Ratio | 0.0893 | |||
| Treynor Ratio | 0.2842 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Donegal Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Donegal Group A Backtested Returns
At this point, Donegal Group is very steady. Donegal Group A secures Sharpe Ratio (or Efficiency) of 0.02, which denotes the company had a 0.02 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Donegal Group A, which you can use to evaluate the volatility of the firm. Please confirm Donegal Group's Downside Deviation of 1.1, mean deviation of 0.9618, and Coefficient Of Variation of 1110.32 to check if the risk estimate we provide is consistent with the expected return of 0.0259%. Donegal Group has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.36, which means possible diversification benefits within a given portfolio. As returns on the market increase, Donegal Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Donegal Group is expected to be smaller as well. Donegal Group A right now shows a risk of 1.3%. Please confirm Donegal Group A maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if Donegal Group A will be following its price patterns.
Auto-correlation | 0.76 |
Good predictability
Donegal Group A has good predictability. Overlapping area represents the amount of predictability between Donegal Group time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Donegal Group A price movement. The serial correlation of 0.76 indicates that around 76.0% of current Donegal Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Donegal Group A lagged returns against current returns
Autocorrelation, which is Donegal Group stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Donegal Group's stock expected returns. We can calculate the autocorrelation of Donegal Group returns to help us make a trade decision. For example, suppose you find that Donegal Group has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Donegal Group regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Donegal Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Donegal Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Donegal Group stock over time.
Current vs Lagged Prices |
| Timeline |
Donegal Group Lagged Returns
When evaluating Donegal Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Donegal Group stock have on its future price. Donegal Group autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Donegal Group autocorrelation shows the relationship between Donegal Group stock current value and its past values and can show if there is a momentum factor associated with investing in Donegal Group A.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Donegal Group A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Donegal Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Donegal Group A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Donegal Group A Stock:Check out Donegal Group Correlation, Donegal Group Volatility and Donegal Group Alpha and Beta module to complement your research on Donegal Group. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Donegal Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.